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Healthcare

Discover news, funding updates, regulatory changes, and sector insights impacting the health care industry in India.

Vivimed Labs hit by decline in operating margins; PAT drops 23% but revenues up 25%

Healthcare

14 August, 2013

Vivimed Labs hit by decline in operating margins; PAT drops 23% but revenues up 25%

Vivimed Labs Ltd, which manufactures active pharmaceutical ingredients (APIs), finished dosage formulation (FDF) and retail branded formulation, saw its margins ......

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Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Healthcare

14 August, 2013

Cloudnine plans to invest up to $73M to build 15 hospitals by 2016

Matrix Partners-backed Cloudnine Hospitals, which provides women and child care services, is planning to invest Rs 300-450 crore ($48-73 million) ......

CDC and Abraaj Group invest $17.5M in Rainbow Hospitals

Healthcare

13 August, 2013

CDC and Abraaj Group invest $17.5M in Rainbow Hospitals

Hyderabad-based Rainbow Hospitals, which primarily focuses on paediatric and maternal care, has raised $17.5 million (Rs 107.3 crore) from the ......

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AyurVAID Hospitals looking to raise $5-10M; to expand to more cities

Healthcare

13 August, 2013

AyurVAID Hospitals looking to raise $5-10M; to expand to more cities

Kochi-based Kerala First Health Services Pvt Ltd, which runs AyurVAID Hospitals in the city and also in Bangalore, is looking ......

Sun Pharma posts strong operating results in Q1, settles $550M US patent case

Healthcare

12 August, 2013

Sun Pharma posts strong operating results in Q1, settles $550M US patent case

Sun Pharmaceuticals Ltd, the country’s largest drug-maker by market capitalisation, posted strong revenue and earnings growth for the first quarter ......

Aurobindo Pharma to acquire majority stake in Celon Lab's plant & Silicon Life Sciences

Healthcare

13 August, 2013

Aurobindo Pharma to acquire majority stake in Celon Lab's plant & Silicon Life Sciences

Indian pharma company Aurobindo Pharma Ltd has struck a deal to acquire majority stake in an upcoming manufacturing unit of ......

Fortis prunes debt by almost half but net loss bulges over three times to Rs 221Cr in Q1

Healthcare

08 August, 2013

Fortis prunes debt by almost half but net loss bulges over three times to Rs 221Cr in Q1

Fortis Healthcare Ltd, the largest healthcare service firm in India by revenues, sank deeper into losses in the first quarter ......

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Elder Pharma Group to focus on OTC products after selling domestic formulations business

Healthcare

13 August, 2013

Elder Pharma Group to focus on OTC products after selling domestic formulations business

Elder Pharma Group will focus aggressively in building over-the-counter (OTC) and direct-to-consumer (DTC) products segment after selling its domestic formulations ......

Roche gives up on India patent for breast cancer drug

Healthcare

16 August, 2013

Roche gives up on India patent for breast cancer drug

Roche Holding AG has decided not to pursue a patent application for its breast cancer drug Herceptin in India, the ......

Beckman Coulter Life Sciences acquires assets of Bangalore-based ReaMetrix

Healthcare

08 August, 2013

Beckman Coulter Life Sciences acquires assets of Bangalore-based ReaMetrix

US-headquartered research and discovery firm Beckman Coulter Life Sciences has acquired the flow cytometry business assets of Bangalore-based life science ......

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